Commenting on TheCityUK Recapitalisation Group’s interim report on recapitalising UK companies following Coronavirus, published today (Monday 8 June 2020)
The British Chambers of Commerce has launched an innovative partnership with Amazon to help businesses get back to work and kick-start the economy as lockdown restrictions ease. • 1,000 UK businesses can tour Amazon fulfilment centres, where staff have been working safely throughout the crisis • Majority of businesses surveyed can partially restart operations but 1 in 10 cannot, with many citing social distancing as a difficulty • Partnership will provide practical guidance to help firms get back to work safely as non-essential businesses reopen later this month
Commenting on the Chancellor’s announcement today (12 May) that the Coronavirus Job Retention Scheme will be extended to October, BCC Director General Adam Marshall said: “The extension of the Job Retention Scheme will come as a huge help and a huge relief for businesses across the UK.
Commenting on UK Finance’s latest figures (30 April) on the number of firms successfully accessing CBILS
UK economic growth is expected to slow sharply in 2020 amid disruption caused by the impact of Coronavirus, according to the latest economic forecast by the British Chambers of Commerce (BCC). The leading business group has downgraded its UK GDP growth expectations for 2020 to 0.8%, from our previous forecast of 1.0%. Outside of the 2008/09 financial crisis, this would be the weakest full-year growth outturn since 1992 and down sharply from UK GDP growth of 1.4% in 2019.
Budget 2020: Much to welcome for business communities across the UK
Two thirds of exporters are struggling to recruit skilled staff, warn DHL and the British Chambers of Commerce as they release the latest Quarterly International Trade Outlook.